Analysis
Engineering Physics graduates from similar programs across the country typically earn around $57,000 in their first year—a solid if unspectacular starting point for a technical degree. The estimated debt load of $24,250 translates to a manageable 0.42 ratio, meaning roughly five months of gross earnings to cover the full balance. That's reasonable territory for a STEM field, though it's worth noting these figures come from national peer programs rather than MSU Moorhead's own graduate outcomes, which aren't publicly available due to small class sizes.
The challenge here is context. Engineering Physics occupies an unusual niche—more theoretical than traditional engineering, potentially appealing to students headed for research or graduate school rather than immediate industry positions. With only 135 programs nationally and four in Minnesota, this isn't a common path, and MSU Moorhead's moderately selective profile (53% admission rate, 1090 SAT average) suggests it may not compete directly with Minnesota's flagship research institutions in this specialized field.
For parents, the key question is fit: does your student need this specific program, or would mechanical, electrical, or aerospace engineering offer better job market versatility with similar rigor? If Engineering Physics aligns with graduate school ambitions or specific research interests, the estimated debt burden appears manageable. If it's chosen as a general "hard science" option, more conventional engineering tracks at larger programs might offer clearer employment pathways and more robust outcome data to evaluate.
Where Minnesota State University Moorhead Stands
Earnings vs. debt across all engineering physics bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,336 | $57,457* | — | $24,250* | — | |
| $21,186 | $72,858* | $87,900 | $21,500* | 0.30 | |
| $8,315 | $68,379* | $75,848 | $27,000* | 0.39 | |
| $16,004 | $64,304* | $92,842 | $20,136* | 0.31 | |
| $9,708 | $58,025* | $67,485 | $19,521* | 0.34 | |
| $42,304 | $56,889* | — | $23,667* | 0.42 | |
| National Median | — | $57,457* | — | $24,706* | 0.43 |
Career Paths
Occupations commonly associated with engineering physics graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Minnesota State University Moorhead, approximately 27% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 8 similar programs. Actual outcomes may vary.